Businessethics are the moral standards ofconduct expected of or adopted by a business. They are _____1_____ which guide business or which a business adopts as the acceptable standard of performancein respect of various stakeholders andinterested parties. These stakeholders include its customers, its _____2_____, its employees, its shareholders, government authorities, and any other party whichinteracts with the organization. If you plan to own or ____3____, it isadvisable to have knowledge of business ethics. It is basically thecode that business persons follow to ensure that they are doing ____4____ to achieve success. These codes were developed through years of studies and research. Business ethics is areflection of thenorm,____5____ andfolkways of a certain country or place in respect of businesspractice.